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Wells Fargo sees double-digit profit growth in Q2

The company saw strong double-digit, year-on-year profit growth in middle market/large corporate banking, asset-based lending (more…)


S&P raises outlooks for China Development Bank and China...

Standard Poor's (S P) Ratings Services said it has revised its ratings outlooks on China Development Bank  and Export-Import Bank…


Eurofaktor initiates sale of subsidiaries

Listed factoring firm Eurofaktor will start negotiations on the sale of two subsidiaries (more…)

#Two


CIT to acquire healthcare sector cash flow finance group

CIT Group announced that it has reached a definitive agreement to acquire a full service healthcare financing company that specialises in…

#acquisition#cash-flow#CIT


Bank lending rose in June to meet government targets...

Venezuela's banks and financial institutions increased lending in June for a fourth consecutive month as bankers sought to meet (more…)

#bank#banks#financial institutions


Government introduces fund for early stage SMEs

The Seed Co-Investment Fund introduced yesterday will match dollar-for-dollar private investment in small companies up to a maximum of (more…)


ProCredit gives 54bn cedis to SMEs over 3 years

ProCredit Savings and Loans Company, a micro finance institution, has disbursed more than 54bn cedis (US$6m) in loans since (more…)

#financial services#international#smes


Banks warned to strengthen credit risk evaluations or risk...

Korean banks need to become more cautious in extending loans to small- and medium-sized enterprises (SMEs) as loans without proper…

#bank#exporters#exports


Allianz eyes larger role in Chinese market

The Guangzhou Branch of Allianz Insurance Co, the only non-life insurance unit in the Chinese mainland of the German financial…


UralSib aims to be Russia’s major commercial bank

Russia s Uralo-Sibirsky Bank (UralSib) plans to become one of Russia s largest commercial banks, president of UralSib Financial Corporation…


Survey – SMEs underestimate challenge of cash flow management

Small-business owners are often unprepared for the challenges presented by successful cash flow management, according to research conducted by invoice…

#invoice#invoice financier#late payment

Banco Patagonia to inject US$14.7m to finance growth, steps...

Shareholders at Argentine bank Banco Patagonia have approved a 42.3m peso (US$14.7m) capital increase to finance (more…)

#3M#bank#smes

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